The lack of resources is becoming more and more accentuated and we are fully aware of the importance of our participation in addressing this challenge, a challenge in which the circular economy is taking a foothold as a system that ensures the efficient use of resources. The circular economy involves moving towards a decarbonised and sustainable model, as proposed by the Paris Agreement and the Sustainable Development Goals (SDGs), mainly as set out in Goal No. 12 which advocates moving towards a change that helps ensure sustainable consumption and production patterns.
The circular economy implies a change in the consumption paradigm to ensure that each product can be integrated into multiple use and production cycles, that is, that resources become products, products become waste and waste become resources. To achieve this goal, we work hand-in-hand with the agents of our value chain so that the equipment and materials used in the activities of the Red Eléctrica Group are manufactured from reused or recycled materials and that, at the end of their useful life, they can also be recycled, reused or recovered, thus closing the sustainability loop for all equipment and materials used.
The Red Eléctrica Group seeks to be a leading company in circular economy, a goal that entails the following:
In 2018, Red Eléctrica signed and became a member of the Circular Economy Pact, led by the Ministry for Ecological Transition, undertaking the commitment to apply a series of golden rules and courses of action aimed at implementing changes in the organisation that contribute to promoting responsible consumption patterns. To respond to this commitment, in 2019 we designed a roadmap that allows us to set the guidelines to become a leading company in circular economy by 2030. The main goal is the definition of a circular economy strategy that enables us to:
Moreover, as we are aware of the need to establish alliances and a collaborative working model, in 2019 we signed up to and became a member of Forética’s Circular Economy Action Group (GAEC - Grupo de Acción de Economía Circular); an impact initiative whose aim is to spearhead the business transition towards a circular economy model in Spain, thus contributing to the National Action Plan for the Implementation of the 2030 Agenda and the Spanish Circular Economy Strategy.
In 2018, Red Eléctrica signed and became a member of this Pact whose objective is to involve the main economic and social agents of Spain in the transition towards a new economic model in which the products, materials and resources are kept within the economy for as long as possible and in which the generation of waste is minimised.
Red Eléctrica has undertaken the commitment promote it through the application of a series of golden rules and actions aimed at implementing changes in the organisation that contribute to promoting responsible consumption patterns.
Red Eléctrica has signed up to and became a member of this impact initiative whose aim is to spearhead the business transition towards a circular economy model in Spain, thus contributing to the National Action Plan for the Implementation of the 2030 Agenda and the Spanish Circular Economy Strategy.
Red Eléctrica works on different projects with the goal of minimising the amount and hazardous nature of the waste generated as a result of its activities. Waste is derived mainly from three processes:
Given the nature of the Company’s waste-generating activities it is very difficult to establish reduction targets, therefore the Company's efforts have focused on finding the best solutions for its final management.
In this regard, work is being carried out on the ‘Zero waste to landfill sites’ project in our Central Regional Office with the aim of progressively expanding its scope to the entire Company and with a clear goal focused on generating zero waste to landfill sites by 2030.
|Non- Hazardous Waste disposed||15%||48.3%||11.3%|
|Hazardous Waste disposed||14%||7.1%||32.5%|
*The calculation method used in 2016 and 2017 is not the same as the one used in 2018.